Regulatory question:
When a bank buys back shares under market value allowing holders to write off a cap loss and the remainder of the value is paid in a special dividend, what are the limits on that?
Can EMR sell the Cambodian assets (and let's just pretend the $ figures line up on this) then offer to buy back the shares on the market for $0.25 each with a $2.5 dividend meaning current holders get a reduced capital gain, probably a capital loss recorded but $2.75 per share of value?
Just wondering..
Ann: TOV: Bullseye Mining Limited 06 - Undertaking, page-27
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